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STOCKS FALL HERE ON LONDON SELLING; Strike Causes Losses of 2 to 7 Points, While Sterling and Bonds Drop. FUNDS TAKEN FROM LONDON American and Other Balances Are Shifted Here -- Financiers Look for an Early Settlement.

Declines of from two to seven points in stock market prices, a loss of almost three-quarters of a cent in the sterling exchange rate, a general weakening of prices for foreign bonds and a sharply lower level of values of commodities, including cotton, grains and sugar, were the principal financial effects in New York yesterday of the strike situation in Great Britain.

May 04, 1926

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